Al-Jazeera - Binance crypto exchange founder to step down amid US illicit finance probe
Binance's founder Changpeng Zhao pleaded guilty to violating anti-money laundering laws and stepped down as CEO.
The company will pay over $4 billion in penalties, the largest corporate penalty in US history.
This is the latest blow to the cryptocurrency industry, which has been facing scrutiny for its role in facilitating illegal activities.
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